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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
Three Months Ended March 31,
(in millions, except share and per-share data)
2018

 
2017

Numerator (basic and diluted):
 
 
 
Net income

$388

 

$320

Less: Preferred stock dividends
7

 
7

Net income available to common stockholders

$381

 

$313

Denominator:
 
 
 
Weighted-average common shares outstanding - basic
487,500,618

 
509,451,450

Dilutive common shares: share-based awards
1,766,208

 
1,896,750

Weighted-average common shares outstanding - diluted
489,266,826

 
511,348,200

Earnings per common share:
 
 
 
Basic

$0.78

 

$0.61

Diluted
0.78

 
0.61


Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. The diluted EPS computation for the three months ended March 31, 2018 did not have any antidilutive shares. The diluted EPS computation for the three months ended March 31, 2017 excluded approximately 322,000 for the average share-based awards because their inclusion would have been antidilutive.